SIZE.NE volume 494,426 up 16.67% on NEO 05 Jan 2026: volume spike hints breakout
Major Precious Metals Corp. (SIZE.NE) recorded a sharp intraday move during market hours on 05 Jan 2026, rising to CAD 0.035, up 16.67% on a volume surge to 494,426 shares. The SIZE.NE stock volume spike pushed average turnover to roughly 345x the normal daily volume and paired with a year-to-date sector strength for basic materials, it flags a potential breakout setup for the junior explorer on the NEO exchange in Canada.
Why the volume spike matters
A jump to 494,426 shares from an average 1,434 shares shows institutional or coordinated retail activity; the relVolume of 344.79 confirms the move is not thin-market noise. For CAD 0.035 stock like Major Precious Metals Corp., that scale of buying often precedes follow-through if catalysts or better technicals appear.
Price action and short-term technicals
SIZE.NE opened at CAD 0.030, hit a day high of CAD 0.035 and closed at CAD 0.035, leaving a 16.67% one-day gain; the 50-day and 200-day averages both sit at CAD 0.031233, so the stock sits above both moving averages. High relative volume with price higher signals buyer conviction, but tight float and 225,776,999 shares outstanding keep volatility elevated.
Fundamentals and valuation snapshot
Major Precious Metals Corp. is a junior explorer focused on gold, palladium and other metals, listed on NEO in Canada with market cap CAD 7,902,195.00 and EPS -0.111; reported metrics show cash per share CAD 0.000397 and an enterprise value of CAD 17,066,569.00, underscoring a capital-constrained explorer profile with negative operating cash flow and a current ratio near 0.0081.
Meyka AI grade and model view
Meyka AI rates SIZE.NE with a score out of 100: 61.81 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade indicates moderate risk-reward given weak cash metrics but recent market interest.
Catalysts and sector context
Catalysts for further gains include drill results at the Skaergaard project, positive sentiment in the Basic Materials sector (1Y +76.84%, YTD +71.39%), and higher precious-metals prices reported by market outlets like Bloomberg and Yahoo Finance source source. Absence of an upcoming earnings date keeps newsflow event-driven.
Risks and trading strategy
Key risks include low liquidity outside spikes, negative EPS and cash burn, and heavy dilution potential. For market-hours traders using a volume-spike strategy, consider staged entries with tight stops near CAD 0.030 and position sizing that limits exposure given the stock’s enterprise value to market-cap gap and current ratio weakness.
Final Thoughts
Meyka AI’s forecast model projects a near-term base-case target of CAD 0.060 and a high-case target of CAD 0.120 for SIZE.NE stock versus the current price of CAD 0.035, implying a near-term upside of +71.43% and a high-case upside of +242.86%. These model outputs reflect the junior exploration leverage to positive drilling updates and sector momentum but assume no large equity raises or negative technical breaks. Given the Meyka AI grade B (61.81) and the company’s thin cash position, a cautious HOLD stance is warranted for medium-term investors, while short-term traders may exploit the volume spike with disciplined stops. Forecasts are model-based projections and not guarantees; always factor in dilution risk and follow official company news and verified drill results before increasing exposure. Meyka AI provided the analysis as an AI-powered market analysis platform.
FAQs
The volume spike to 494,426 shares likely reflects targeted buying interest tied to exploration speculation and broader precious-metals strength; no official company news was released, so traders should watch drill updates or filings for confirmation.
Meyka AI rates SIZE.NE B (HOLD). The stock shows upside on model targets but carries high dilution and liquidity risk; consider small, controlled positions or wait for confirmed drill or financing news before buying heavily.
Meyka AI’s model lists a near-term base-case CAD 0.060 (implied +71.43%) and a high-case CAD 0.120 (implied +242.86%) versus current CAD 0.035; these are scenario-based projections and not guarantees.
SIZE.NE is a micro-cap junior explorer within Basic Materials; sector momentum (1Y +76.84%, YTD +71.39%) helps sentiment, but SIZE.NE’s weak cash metrics and tiny market cap mean company-specific risk dominates sector trends.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
